RYVYL Announces Stockholder Approval of Annual Meeting Proposals; Reverse Stock Split Process Commences to Remedy Nasdaq Delisting Notice

Core Viewpoint - RYVYL Inc. has taken significant steps to maintain compliance with Nasdaq listing requirements, including a proposed reverse stock split and an increase in authorized shares, following stockholder approval at the 2025 Annual Meeting [2][4][5]. Summary by Sections Stockholder Approval - Stockholders approved all proposals at the 2025 Annual Meeting, including a reverse stock split at a ratio between 1-for-20 to 1-for-50 and an increase in authorized shares from 100 million to 500 million [2][3]. Compliance with Nasdaq Requirements - RYVYL received a delisting notice from Nasdaq on December 11, 2025, due to non-compliance with the minimum bid price rule. The company believes the approved reverse stock split will resolve this issue [4][5]. - The company has already addressed stockholder equity issues through a merger with Roundtable, which has sufficient capital to meet Nasdaq's requirements [4][5]. Merger with Roundtable - RYVYL signed a definitive agreement to merge with Roundtable, a Web3-powered digital media platform, which had previously secured $33 million in financing [4][5]. - Roundtable's investment of $6.5 million in preferred stock increased RYVYL's stockholder equity, allowing the company to regain compliance with the Stockholder Equity Rule [4][5]. Timeline of Events - RYVYL received initial notices of non-compliance from Nasdaq in April and June 2025, with deadlines for compliance set for December 9, 2025 [4][5]. - The company rescheduled its 2025 Annual Meeting to allow more stockholders to participate in the vote on the reverse split [4][5]. Future Expectations - Following the reverse stock split and the merger with Roundtable, RYVYL expects to be in full compliance with Nasdaq listing requirements within 10 trading days [6].